Decreased Tax Rates for Foreign Professionals

In May 2022, the Royal Decree No. 743 B.E. 2565 (2022) issued under the Revenue Code declared that foreigners working in Thailand as highly skilled professionals on long-stay, non-immigrant visas will be taxed at a rate unique to their immigration status. Tax on a foreigner’s assessable income shall be withheld at the source at a … Continue reading Decreased Tax Rates for Foreign Professionals